Genting stocks continues to rise

PETALING JAYA – Genting Malaysia Bhd’s stock price continues to rise due to the recent news that the company could open their outdoor theme park sooner earlier than expected.

This pushes the Maybank Investment Bank Bhd’s call to upgrade Genting Malaysia’s status from “hold” to a “buy”.

With more certainty and optimism around the outdoor park’s opening, this will drive Genting Malaysia Genting earnings growth further. The theme park is rumored to open in the first or second quarter of 2020 instead of first quarter 2021.

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